Pension funds pour over ZWL$1.2 billion into Masvingo projects as Minister urges more investments

Pension funds pour over ZWL$1.2 billion into Masvingo projects as Minister urges more investments

Staff Writer

Pension funds have injected more than ZWL$1.2 billion into infrastructure and social development projects across Masvingo Province over the past three years, in a wave of investments that has boosted housing delivery, healthcare, and education.

The figures were revealed by the Minister of

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Fund managers urged to strengthen governance, transparency and public trust

Staff Writer

ZIMBABWE Association of Pension Funds (ZAPF) Chairperson Phoebe Zvisinei Chawasarira has urged fund managers to strengthen governance, transparency, and value creation to restore and sustain public trust in the pensions industry.

Chawasarira said the lessons from past economic crises must guide the industry’s next chapter, warning against repeating the mistakes that eroded member confidence

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Zimbabwe’s DPC CEO Elected Vice-Chairman of IADI Africa Regional Committee

Staff Writer

HARARE: The  Deposit Protection Corporation (DPC) has announced the election of its Chief Executive Officer, Hopewell Zinyau, as the Vice-Chairman of the International Association of Deposit Insurers – Africa Regional Committee (IADI-ARC).

In a statement, DPC said the appointment marks a major milestone for Zimbabwe, underscoring the country’s growing role in shaping regional and

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Old Mutual Limited set priorities to generate growth over the medium to long term.

Staff Writer

Old Mutual Limited delivered adjusted headline earnings of R4.2 billion for the six months ended 30 June 2025, uplifting return on net asset value to 15.5% amid sales and persistency pressures.

The group’s adjusted headline earnings growth of 29% was driven by strong underwriting performance in Old Mutual Insure and strong equity market performance, particularly in South Africa and

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US proposes repeal of sanctions on Zimbabwe, sets conditions

Staff Writer

In a significant development for Zimbabwe, the United States Congress has introduced a Bill to repeal the Zimbabwe Democracy and Economic Recovery Act (ZEDERA) of 2001 which imposed sanctions on Zimbabwe.

The proposed legislation aims to guide US foreign policy towards Zimbabwe and has far-reaching implications for the country’s economic relations with the US and international financial

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CABS champions ESG and environmental stewardship in 2025

CABS champions ESG and environmental stewardship in 2025

Staff Writer

CENTRAL Africa Building Society (CABS) has taken bold steps to champion environmental sustainability, showing that financial institutions can lead the way in responsible corporate practices.

In line with its sustainability agenda and national energy objectives, CABS commissioned a solar power plant at its Northridge Park headquarters,

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Health Minister commends partnership between Old Mutual and Eye Institute

Staff Writer

Zimbabwe’s Minister of Health and Child Care, Dr Douglas Mombeshora, has commended the partnership between Old Mutual Zimbabwe and the Eye Institute, highlighting its impact on strengthening health delivery in Zimbabwe.

The partnership, which aims to tackle critical challenges in eye health, has made significant strides in restoring sight and dignity to senior citizens and vulnerable

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Review of levies, Licences, Fees and Permits for the agricultural sector: CZI unpacks what really happened

Staff Writer

The Government recently reviewed Levies, Licenses, Fees and Permits for the Agriculture Sector as part of broader efforts to reduce the cost of doing business, foster economic growth, and improve the ease of doing business. The review, which started in July 2025, focuses on simplifying regulatory requirements, reducing bureaucratic hurdles, and promoting competitiveness, with specific

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Zimbabwe to host landmark African Reinsurance Forum

Staff Writer

HARARE, Zimbabwe is set to host the 29th Reinsurance Forum of the African Insurance Organisation (AIO), a gathering expected to bring together industry leaders, regulators, and policymakers from across the continent and beyond.

Slated for the 11th to the 15th of October 2025, the forum that will be at the Rainbow Towers Hotel in Harare will run under the theme “Growth for the African

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